Reliance Power has reported results for third quarter ended December 31, 2012.
The company has posted over 3-fold rise its net profit at Rs 369.23 crore for the quarter as compared to Rs 106.69 crore for the same quarter in the previous year. Total income of the company however decreased by 66.72% at Rs 64.30 crore for quarter under review as compared to Rs 193.25 crore for the quarter ended December 31, 2011.
On consolidated basis, the company has reported 30.32% rise in its net profit at Rs 265.68 crore for the quarter as compared to Rs 203.87 crore for the same quarter in the previous year. Total income of the company has increased over 2-fold at Rs 1585.75 crore for quarter under review as compared to Rs 674.08 crore for the quarter ended December 31, 2011.
